The franchise business will contact you by means of email and/ or telephone only to the email address and phone number you have provided.
By submitting the enquiry form you are consenting to send your personal information to the selected franchise business.
You also agree to receive further newsletter email marketing from What Franchise.
What information is included in a franchise contract?
The franchise contract sets out the terms of the agreement between the franchisor and franchisee and will usually be a largely non-negotiable, standard form contract that the franchisor uses for all of the franchisees in its network. In the UK there are no hard and fast rules regarding what provisions need to be included in the contract, but it will commonly include provisions covering the following:
Franchisee’s rights. If the franchisee is given the right to operate either exclusively or non-exclusively in a territory, or just a right to operate from particular premises, and which trade marks and other intellectual property rights of the franchisor is the franchisee entitled to use.
Term. The period of time the contract is intended to last for, if it is possible to renew the contract and any conditions attached to the renewal.
Franchisor’s obligations. Sets out the services, products and training that the franchisor will provide to the franchisee.
Franchisee’s obligations. These will usually include buying all products, fixtures/fittings and equipment from either the franchisor or specified suppliers; following the franchisor’s system; providing management accounts and sales figures to the franchisor on a regular basis; and providing evidence of adequate insurance protection.
Fees payable to the franchisor by the franchisee.
Right to sell the franchisee’s business.
You might also be interested in
Answered by Phil Archer
Phil Archer writes: The Bounce Back and CIBILs loans brought in last spring originally replaced the Enterprise... read more
Answered by John Pratt
John Pratt writes: First, you have to work out who is responsible for the poor performance because... read more
Answered by Louise Harris
Louise Harris writes: In respect of renewal fees, every franchise is different. Prospective franchisees are guided to... read more
Answered by Alan Wilkinson
Alan Wilkinson writes: An experienced franchisor will know what works and what doesn’t work when marketing its... read more
Exciting Franchise Opportunities
Companies to Consider
Stagecoach Performing Arts
£1,000-plus per week
Third party and personal investment
35% to 40% profit, depending on the business model
Guardian Angel Carers
Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
Added 2 years ago | 2 min read
Added about 2 days ago | 2 min read
Added about 3 days ago | 2 min read
Find your next business opportunity
Search 100s of UK franchises and become your own boss today.
What Franchise Newsletter
Keep up to date with all the industry news